Welcome to our masterpiece article where you'll get to learn the most profitable strategies in the Crypto trading being it a beginner 🔰 or professional .

What is Crypto trading 🤔?

This is simply the buying and selling of Cryptocurrencies on an exchange 💱 for profit making either in a long run or short run.

There are hundreds of Cryptocurrencies being traded daily on popular exchanges such as Binance 💛, Bybit,Okx and more.

Before trading Crypto currency 💵, you need to have a strategy of your own so as to be profitable in the market.Below are some strategies

1) Dollar-Cost Averaging (DCA)

DCA is an investment strategy where an individual purchases a fixed amount of an asset such as cryptocurrency at regular intervals over a period of time. This strategy is the perfect example of the Buy and Holding method.

Buy and Hold Strategy

Buy and Hold - 'HODling'

• Long term passive play

• Buy,hold,and forget

• Ignores short term fluctuations

• Requires patience

2) Range Trading

This type of trading refers to the fluctuation of a cryptocurrency's price within a specific high and low boundary

• Understanding and utilizing ranges can help traders identify potential entry ⛔ and exit points for their trades

• Trading ranges can be a useful tool in a trader's arsenal, offering opportunities in both range-bound and trending markets

3) Arbitrage Trading

Arbitrage is a trading strategy used to profit from differences in prices of securities or products in different markets.

NB: This practice involves buying a security or product in one market and selling it in another market where prices are higher.

4) Scalping

As they are normally referred to as "The Thieves in the market". This is a strategy whereby traders focuses more on the small fluctuations of price movements in the market.

'scalpers' usually trade...

• Small fluctuations in price

• In large quantities

• In minutes and seconds

• "The spread"

5) Swing Trading

In this trading strategy, positions are held anywhere from a few days up to several months.

Goal: Identify undervalued assets & profit from larger 'swings' in their prices

Swing trading:

• Requires less time investment

• More suitable for beginners

• Uses both technical and fundamental analysis.

6) Momentum Trading

Here,there is a constant availability of trading opportunities.

Momentum traders always watch out for the:

• Trend 📉📈 line break

• Chart 📉📈 pattern break

• Fractal indicator break

• Break of the top or bottom

• Break of the high or low

This strategy deals with more of the trends and trendlines of a particular market at a given time .

#CryptoTradingGuide

Thanks for reading till the end and please make sure you DYOR and have developed your own suitable strategy before embarking on a trade 💛.